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Study session regarding two Capital Improvement Projects (CIP) at Orange Memorial Park; the Sports Field Project and Pool Replacement Project with recommended bond funding strategies. (Sharon Ranals, Assistant City Manager, and Janet Salisbury, Finance Director)
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RECOMMENDATION
Recommendation
It is recommended that the City Council Budget Subcommittee consider and provide direction regarding two Capital Improvement Program (CIP) projects at Orange Memorial Park, including potential funding strategies: construction of a synthetic turf multi-use sports field, which has previously been approved as a CIP project and is in the final design phase; and the proposed replacement of Orange Pool with an Aquatic Center, possibly at a new location within the park.
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BACKGROUND
The two projects at Orange Memorial Park which are the subject of this Study Session, a synthetic turf sports field and the proposed replacement of the Orange Pool, are being considered together in this report since their construction could occur within a similar time frame, and both involve significant funding commitments.
This report and presentation will discuss each project, including the following:
- Status of the Sports Field project, which was approved as a CIP project in 2018/19;
- Urgent need to replace the existing pool;
- Results of feasibility study exploring alternative locations for a new Aquatic Center;
- Cost comparison of constructing a new Aquatic Center at the current pool location versus a new location;
- Recommended Aquatic Center location at the corner of Tennis Drive and West Orange Avenue;
- Aquatic Center design and construction process and timeline;
- Estimated project costs and cash flow needs over the anticipated design/construction time frames;
- Forecast of anticipated Parks Impact Fees, which have traditionally been the primary funding source for park projects; and
- Recommended combined bond funding for these projects.
Orange Memorial Park Sports F...
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